Nikora, a Grocery Leader from Georgia, Selects LEAFIO AI to Boost Merchandising Efficiency

LEAFIO AI, a leading provider of retail automation software, and Nikora, a major supermarket chain from Georgia, announced a partnership to automate merchandising in retailer’s store chain

Nikora Holding, with about 600 stores, was facing challenges in managing its merchandising operations. The company was using Excel to create planograms, which was a time-consuming and error-prone process. They also lacked a tool to analyze the effectiveness of their planograms. Nikora has chosen LEAFIO Shelf Efficiency Software to optimize its merchandising operations.

NIKORA sought to improve its merchandising processes to enhance customer experience and sales. Manual methods and outdated systems created challenges such as:

• Inconsistent product placement across stores, impacting the customer experience.
• Suboptimal product assortments leading to stockouts and overstocks.
• Inefficient operations resulting in wasted time and resources.

"This investment has significant potential for our organization. Our goal was to enhance our commercial strategy, and this LEAFIO AI solution stands out as a valuable asset for its user-friendliness, cost-effectiveness, and scalability, ensuring it can support our growth and expansion in the future," Nino Tsutskiridze IT Project Manager at Nikora. 

LEAFIO Shelf Efficiency will provide a centralized approach for managing planograms, optimizing assortments, and tracking merchandising performance. The software will enable NIKORA to:

• Standardize product placement. NIKORA will be able to ensure that products are placed consistently across all stores, which is expected to improve the customer experience and boost sales.
• Optimize assortment. With LEAFIO's data-driven insights, NIKORA will optimize its product assortments, ensuring it carries the right products in the right quantities.
• Improve efficiency. The software is set to streamline NIKORA's merchandising operations, anticipated to save time and reduce costs.

“We are excited to be working with NIKORA to help them improve their merchandising operations,” said Alex Medwin, CEO of LEAFIO AI. “We are confident that LEAFIO Shelf Efficiency Software will empower NIKORA to achieve their strategic goals and sustained business growth."

Implementing LEAFIO Shelf Efficiency at NIKORA is on track, and the two companies have established a strong working relationship. LEAFIO AI is committed to providing NIKORA with the support they need to get the most out of the software. We will keep you updated on the implementation progress and its results.

With a global presence spanning 20 countries and serving over 180 companies, LEAFIO AI empowers businesses to uphold market leadership, bolster resilience, and foster revenue growth with heightened profit margins. Leveraging advanced AI technology, LEAFIO specializes in crafting sophisticated software solutions tailored to vital business functions such as supply chain management, inventory optimization, merchandising, assortment performance, and promotion forecasting.

NIKORA has led the local food products market for over 25 years. In addition to its robust product line, NIKORA boasts an extensive retail and distribution network, including about 600 retail units under the "Nugeshi" and "Libre" brands. With over 9,000 employees and a production capacity spanning up to 500 product varieties, NIKORA stands as a testament to the thriving food sector in Georgia.